Construction Business Owner

MAY 16, 2023

3 ways to use Financial Performance Management Tech to Capitalize on IIJA Funding ccapoccia Tue, 05/16/2023 - 15:16 New legislation brings considerable impacts to the construction industry. history.

Management 284

Management Infrastructure Roads Industrial 284

Construction Dive

APRIL 5, 2024

The contech giant said it doesn’t believe that the investigated areas will affect any previously issued financial statements, or its most recent earnings release.

Autodesk 95

Autodesk 95

Job Order Contracting

DECEMBER 21, 2021

Public sector facilities preventive maintenance is critical to efficient facilities management, however, rarely performed with financial and technical visibility and transparency. What is it? Properly recycle or dispose of materials in accordance with environmental regulations.

Inspections 241

Inspections Equipment Safety Materials 241

Construction Business Owner

JULY 1, 2020

According to the 2019 Association for Financial Professionals’ (AFP) Payments Fraud and Control Survey, 82% of organizations reported fraud incidents in 2018, and 43% experienced direct financial loss as a result. . 5 tips to protect your business against financial fraud. Rhonda Greene, APSC. Solutions Consultant. AvidXchange.

Green 348

Green Construction Consulting Accounting 348

Construction Business Owner

APRIL 25, 2022

How to Assess Your Company’s Financial Health & Simplify Expense Tracking. Mon, 04/25/2022 - 16:45. B uilding the average 1,200-square-foot house requires tens of thousands of nails, thousands of board-feet of lumber and well more than a thousand feet of wiring.

Inventory 296

Inventory Equipment Housing Management 296

Civiconcepts

APRIL 24, 2024

It’s a thrilling prospect but navigating the financial side of home remodeling can often determine the success of your project. Thinking about transforming your living space with a renovation? Smart […]

Renovating 52

Renovating Remodeling 52

Construction Law

APRIL 26, 2024

High levels of financial distress in ‘bellwether’ sectors construction and real estate point towards a troubled UK economy, according to the latest Red Flag research from Begbies Traynor, and many in distress are expected to become insolvent over the coming year.

Accounting 52

Accounting News Construction Site 52

Contractor Bookkeeping

SEPTEMBER 8, 2023

Even if you have outsourced your financial functions, as a small construction business owner, having a solid understanding of critical financial concepts is crucial to work with your advisor and 'speak their language". Not everyone knows construction accounting, and it is easy to assume all accounting is the same.

Accounting 108

Accounting Construction US 108

Construction Business Owner

JUNE 12, 2019

Learn what financial mistakes you may be making and learn from them to take control of your construction company's profit margins .

Profitability 314

Profitability Construction 314

Construction Business Owner

AUGUST 12, 2019

They are controllers, chief financial officers (CFOs), managers, accountants, vice presidents (VPs), and more, all from general contractors, sub-specialty contractors, public accounting firms, heavy-highway contractors, construction management firms and others. .

CFMA 269

CFMA Conference Accounting Contractors 269

Business Facilities

SEPTEMBER 6, 2022

As FinTech activity continues to grow, financial services firms are finding locations with ecosystems to support their burgeoning business needs.

North Carolina 98

North Carolina Charlotte Connecticut Kansas 98

Construction Business Owner

OCTOBER 9, 2020

4 Questions to Ask to Improve Your Firm's Financial Controls. Elizabeth Manning. Fri, 10/09/2020 - 09:35. Guaranteed maximum price (GMP) construction contracts are audited more often due to the nature of the reimbursable costs.

Contract 245

Contract Contractors Construction 245

Construction Business Owner

NOVEMBER 5, 2019

However, now is the time for company leadership to work on their financial disaster plan and ensure there is a strategy in place to address a potential softening in the construction economy. .

Risk 280

Risk Materials Plans Contractors 280

Contractor Bookkeeping

APRIL 14, 2023

Financial management goes deeper than paying your bills on time and collecting invoices (although those are also important). It involves regularly checking your financial situation to ensure your accounts are in order, your records are up-to-date, and you're spending within your budget.

IRS 89

IRS Finance Income Budgeting 89

Business Facilities

JULY 20, 2022

Phase Two of the financial services company’s $150 million McKinney, TX headquarters campus supports an expanding workforce, provides new amenities.

Texas 98

Texas Office Green News 98

Contractor Bookkeeping

JANUARY 6, 2023

Businesses tend to progress more consistently if the owner sets financial goals and makes a plan to achieve them. With that in mind, read on to learn the steps for setting financial goals for your business for 2023. The new year is a natural time to decide what you want to achieve and how.

Budgeting 83

Budgeting Budget Construction Plans 83

Contractor Bookkeeping

FEBRUARY 11, 2022

As your construction business grows, it's essential to have trusted financial professionals managing your books and providing strategic financial advice. After all, the busier you get, the more complex financial management becomes - and the less time you'll have to maintain your books and try to make sense of all the data.

Accounting 100

Accounting Construction Management Contractors 100

Job Order Contracting

FEBRUARY 17, 2021

Learn more… Reliable Construction Cost Data – Public Sector Financial Stewardship. The post Reliable Construction Cost Data – Public Sector Financial Stewardship appeared first on 4BT. The result would be 30%-40%+ gains in productivity and cost savings. All that is needed is leadership.

Procurement 149

Procurement Construction Estimating Environment 149

Construction Dive

DECEMBER 11, 2023

Discover the urgent need for robust project financial control in the competitive construction landscape.

Industrial 102

Industrial Construction 102

Viewpoint Construction Technology

FEBRUARY 28, 2024

Come on-site with Nashville-based Yates Construction and see how the team is able to work faster and more efficiently—without sacrificing safety.

Nashville 169

Nashville Construction Safety Design 169

Construction Junkie

OCTOBER 21, 2020

There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Financials can be sorted, viewed, and filtered by project type, cost code, project manager, labor & material, and self-performed work vs. subcontracted work, among many other options.

Sage 145

Sage Management ProCore Construction 145

Construction Business Owner

JANUARY 18, 2016

Construction companies constantly seek insurance solutions that can provide material financial impact, limit their contractual exposures and provide coverage enhancements. The following are four strategic solutions which can provide substantial financial protection for construction companies.

Insurance 120

Insurance Materials Construction 120

Construction Business Owner

SEPTEMBER 11, 2016

One aspect of project management often debated by management is whether project managers should be more operational or financial focused. With a daily opportunity to talk with construction companies looking to improve their business processes, the conversation will inevitably turn to project management.

Project Management 189

Project Management Modeling Management Construction 189

Autodesk Construction Cloud

FEBRUARY 25, 2022

The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. FINANCIAL RATIOS: LIQUIDITY . FINANCIAL RATIOS: TURNOVER . FINANCIAL RATIOS: DEBT . FINANCIAL RATIOS: PROFITABILITY . Quick Ratio . Asset Turnover Ratio .

Safety 94

Safety Debt Liability Equity 94

Construction Dive

JUNE 15, 2020

Here's the lowdown on some options other than PPP for financial assistance including Main Street loans and CARES Act tax credits.

Contractors 133

Contractors Maine 133

Viewpoint Construction Technology

SEPTEMBER 23, 2018

When correctly implemented, a software solution can pay for itself over the life of just one project because it allows decision makers within your organisation to combine exceptional on-site performance with proactive expense control and financial management. Try the below checklist we’ve compiled.

Industrial 130

Industrial Accounting Viewpoint Construction 130

Construction Business Owner

MARCH 26, 2024

In this session, you will learn: The construction company structure and what key partners to include The basics of debits and credits The different types of accounting and revenue recognition methods An overview of job costing and why it should function as the center of your business What key financial reports are critical to your financial success (..)

Accounting 358

Accounting Construction Contractors 358

Contractor Bookkeeping

AUGUST 6, 2021

Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming economic issues. Although many business owners are aware that financial planning is essential, it is often overlooked.

Plans 97

Plans Cash Flow Construction Concrete 97

Construction Business Owner

NOVEMBER 11, 2014

The top and bottom of the contracting chain have been in a tug-of-war over who controls payment logistics and financial risk on a construction project for more than 200 years.'

Risk 166

Risk Contract Construction 166

Construction Business Owner

APRIL 30, 2013

Q: What’s the biggest piece of advice you would give company owners about how to work effectively with their construction financial managers, CFOs or accountants? Elaine Ervin - CPA, Partner - Moss Adams LLP.'

Accounting 235

Accounting Management Construction 235

FDR Safety

AUGUST 21, 2018

This is where a company can really feel the financial impact of a workplace injury. The post The Financial Effects Of A Safe Workplace appeared first on FDRsafety. This total is made up of the medical costs resulting from an accident, compensation payments for the injured worker, and any legal expenses. Indirect Costs.

Safety 136

Safety Injury Compensation Accidents 136

Construction Business Owner

JUNE 12, 2019

Learn what financial mistakes you may be making and learn from them to take control of your construction company's profit margins .

Profitability 120

Profitability Construction 120

ENR Construction

FEBRUARY 18, 2022

In the construction and engineering industry having effective financial control is much more than producing a set of monthly accounts.

Accounting 69

Accounting Engineering Industrial Construction 69

Construction Business Owner

JANUARY 18, 2016

Construction companies constantly seek insurance solutions that can provide material financial impact, limit their contractual exposures and provide coverage enhancements. The following are four strategic solutions which can provide substantial financial protection for construction companies.

Insurance 120

Insurance Materials Construction 120

Contractor Bookkeeping

SEPTEMBER 3, 2021

You started your construction business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still the same.

Bankruptcy 78

Bankruptcy Finance Construction Profitability 78

FDR Safety

AUGUST 21, 2018

This is where a company can really feel the financial impact of a workplace injury. The post The Financial Impact of a Workplace Injury appeared first on FDRsafety. This total is made up of the medical costs of an accident, compensation payments for the injured worker, and any legal expenses. Indirect Costs.

Injury 120

Injury Safety Compensation Accidents 120

ENR Construction

APRIL 1, 2021

Not only do CPM platforms provide financial forecasting, predictive analytics and deep insights, they rally together data streams from across your firm to improve overall communication, efficiency and decision making.

Software 71

Software Software Forecasting 71